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South Africa – Contraction of Growth As Capital Exits and Policy Constricts
The latest Stats SA monthly indicators paint a clear and uncomfortable picture. Core sectors of the South African economy are contracting or stagnating at a time when the country can least afford it. Mining production fell by -5.4% year-on-year in May 2026. Manufacturing output declined by – 4.3% while Electricity generation dropped -9.0 percent. The
Breaking News Today – Thursday 6 August 2026
African Start-up News Headlines: Business News Today Startup Acceleration in Tanzania Tanzanian startups raised $52 million in the first half (H1) of 2026, according to data from Africa: The Big Deal. This amount almost matches the country’s full-year total for 2024 ($53 million) and positions Tanzania as one of the stronger mid-tier African ecosystems, ranking
Breaking News Today – Wednesday 5 August 2026
African Start-up News Headlines: Business News Today Nigerian Cement Production Set to Double Dangote Industries has signed a Memorandum of Understanding worth more than $800 million with China’s Sinoma International Engineering to double the capacity of its Itori cement plant in Ogun State, Nigeria. Key details: This fits into Dangote Cement’s longer-term Vision 2030 target
Business School – AI Stack Navigation – Practical Framework for African Businesses
With many African businesses looking to improve competitiveness via the use of AI to improve operational efficiencies. Business Leaders should give focussed attention to the structure of their AI stack. While geopolitical differences are creating divides in AI development and approach between various major AI development regions (US and China), there are risks in getting
Breaking News Today – Tuesday 4 August 2026
African Start-up News Headlines: Business News Today AfDB Finance Package to Assist Stabilising Senegal's Economy The African Development Bank (AfDB)has approved a $35.4 million financing package to help Senegal strengthen its public finance management as the West African country grapples with a debt crisis, the bank said in a statement released yesterday. The finance is
Breaking News Today – Monday 3 August 2026
African Start-up News Headlines: Business News Today Emirates NBD Egypt to Acquire HSBC Egypt's Retail Bank Emirates NBD announced yesterday, that its fully-owned subsidiary in Egypt had entered into a definitive agreement to acquire the retail banking business of HSBC Egypt. Under the acquisition agreement , Emirates NBD Egypt will acquire HSBC Egypt's retail banking
The Great Divide: How the US and China Are Splitting the AI World
AI Now a Geopolitical Dominance tool – Advice for Navigating AI for African Businesses In it's latest BCG Report – “The Great Divide: How the US and China Are Splitting the AI World” (June 2026), Boston Consulting Group argues that the US and China remain the two dominant AI superpowers, but their strategies have diverged
Breaking News Today – Friday 31 July 2026
African Start-up News Headlines: Business News Today Rwanda Phasing out 2G and 3G mobile Technology The Government of Rwanda has approved a phased plan to retire the country’s 2G and 3G mobile networks and complete the transition to 4G and 5G.Under the plan, 3G services will be switched off nationwide on 30 June 2027. The
No Free Lunch Podcast – Building Supporting Ecosystems
Building Ecosystems to Empower Women in Advertising and Media As South Africa heads into Women's Month, a vital conversation emerges around strengthening industry ecosystems to support the development of women leaders. Why are ecosystems essential, and how can they be intentionally built to foster growth, collaboration, and opportunity? In this episode of No Free Lunch
Breaking News Today – Thursday 30 July 2026
African Start-up News Headlines: Business News Today Africa's Own Credit Rating Agency set for October 2026 Launch The African Peer Review Mechanism (APRM) is to launch the Africa Credit Rating Agency (AfCRA) on 6 October 2026 in Port Louis, Mauritius. The agency is designed as a private-sector-led but continentally anchored institution that will provide credit
Business School – How to Optimise Your Website
How to Optimise Your Website’s Visibility – A practical guide for African founders and startups Most African founders invest heavily in building a product or service with far less focus in making sure people can find it. A functional website that no one discovers is in essence nothing more than a quiet cost centre. Visibility
Breaking News Today – Wednesday 29 July 2026
African Start-up News Headlines: Business News Today Angolan Telecommunications Group Unitel Hit By Cyber Attack Before IPO The telecommunications major group in Angola, Unitel, suffered a major cyberattack that disrupted its mobile, internet and voice services across the country, only hours before its shares were due to be listed on the Angolan stock exchange, in
Breaking News Today – Tuesday 28 July 2026
African Start-up News Headlines: Business News Today Angolan Kwanza Added to Cross-Border Settlement System On Monday, 27 July 2026, South African Reserve Bank Governor Lesetja Kganyago and Banco Nacional de Angola Governor Manuel Tiago Dias formally announced that the Angolan kwanza has been added as a settlement currency on the SADC-RTGS system (the Southern African
Breaking News Today – Monday 27 July 2026
African Start-up News Headlines: The Global Africa Business Initiative (GABI) has opened nominations for a new community-led campaign to recognise and celebrate entrepreneurs, business leaders and change-makers whose ideas, leadership and actions are driving Africa's economic transformation. The campaign aims to recognise the business people whose work reflects the innovation, resilience and leadership driving Africa's
Breaking News Today – Friday 24 July 2026
African Start-up News Headlines: Business News Today Africa's Largest Private Equity Deal Closed For Dangote Expansion Dangote Petroleum Refinery and Petrochemicals has completed a $2.5 billion private equity placement, described as Africa’s largest publicly disclosed primary equity raise of its kind. The offer was 3.7 times oversubscribed and closed on 23 July 2026, according to
Business School – Prevention of Corruption Amendment Application in Your Business
Corruption may just get more expensive: What the PRECCA Amendment Bill means for you By Kim Rew, partner, Webber Wentzel South Africa has been fighting corruption with legislation that, frankly, lacked teeth. The Prevention and Combating of Corrupt Activities Act 12 of 2004 (PRECCA) has long been the cornerstone of the country's anti-corruption framework —
US Tariffs Revisited – South Africa and Angola Targeted
South Africa and Angola are among the African States targeted by new US Tariffs In March 2026 the US Trade Representative (USTR) opened Section 301 investigations into 60 economies (covering more than 99% of US imports) over their alleged failure to impose and effectively enforce a prohibition on the importation of goods produced with forced
No Free Lunch Podcast – Scaling Business Sensibly – Lessons for Entrepreneurs
The latest No Free Lunch podcast discussion focuses on the Purple Group’s acquisition of Telescope AI and the strategic thinking behind the deal. Purple Group CEO and Founder, Charles Savage explains that the relationship between the two companies began years ago, when he first met Telescope AI founder Luke, and became more serious in late
Breaking News Today – Wednesday 22 July 2026
African Start-up News Headlines: Business News Today Support for Platinum Sees Price Reversal Platinum futures have climbed to around $1,670 an ounce this morning, reaching a four-week high as renewed buying across precious metals and persistent global supply constraints supported prices. After several weeks of weakening prices and heavy losses across the precious metals complex,
Breaking News Today – Tuesday 21 July 2026
African Start-up News Headlines: Business News Today Ivory Coast Promoting "Champion Businesses" The Ivory Coast government is looking to establish so-called "national champions" to fuel economic development and encourage the building of small and medium enterprises. Among those champions is oil and gas distributor, Petro Ivoire and cosmetics manufacturer Kaera. As a sign of investor confidence,